Translation of a confusing text

まあ 開眼 し た ばかり の ねがん 輪廻 眼 で ほう しゅうちゅう 術 を 放出 中 に 真姫 の 吸収 は でき ね ェ

Also is their any modifier to "Kaigan" in that sentence?

I guess it’s coming from an animation/manga of some sort – can you check to see if you got the text right? It’s a mix of hiragana and kanji (and some overlap) that I can’t make a decent guess at it.

It’s saying something along the line of: “well you’ve only just reached the level of Rinne-gan, and with that you can’t possibly do (something I cannot make sense of).”

And no, this まあ before “kaigan” is not a modifier to “kaigan,” but saying something like “well” “you know.”

Thankyou. AK. Its from Naruto.

I think the part you can't make sense of is (absorb and release jutsu at the same time)

But what I need your help with is:

"only just reached the level of Rinnegan "...

can it be translated as "newly awakened Rinnegan" ? Or be translated as him being new to the Rinnegan skill-wise. The grammar is a tricky one

I understood the first part to mean that “he’s/you’ve just awakened” but checking up on Naruto also understood the “Rinne-gan” to be a level you aspire to and reach, so just expressed it as “reached the level of….” So yes going more literally you can say “as just a recent awakened Rinnegan.”
I would want to put in “just…” or “recent…” to emphasis the fact that he JUST got there (so that’s why he can’t yet perform all the magic/skills.

Thanks for the coincise answer. That helped a lot